Philip Morris still waits on EU green light for £14bn Swedish Match deal October 5, 2022 Cigarette giant Philip Morris has offered to make concessions to the EU in order to scoop up up rival firm Swedish Match in a $16bn (£14bn) deal. According to a European Commission filing, the maker of Malboro has put forward changes in order to address EU antitrust concerns, which it did not elaborate on. The [...]
Ukraine recaptures strategic territories in south and east as pressure mounts on Putin’s army October 5, 2022 Ukrainian forces continued to make massive gains across the south and east this week, liberating a number of key villages and putting increasing pressure on President Putin’s army. In his Tuesday evening address, Ukraine’s President Volodymyr Zelensky said the villages of Lyubymivka, Khreshchenivka, Zolota Balka, Bilyaivka, Ukrainka, Velyka Oleksandrivka and Mala Oleksandrivka had all been [...]
Truss eyes up new limits to public sector strike action October 5, 2022 As another day of train strikes begins from Aslef, Liz Truss is reportedly planning measures to curbs mass walkouts. As reported by The Times, the prime minister is considering a radical extension of laws that ensure a minimum service during rail strikes, which she hopes could apply across the public sector. It said business secretary [...]
Topps Tiles tops full year expectations as the DIY boom continues October 5, 2022 Sales continued to climb for Topps Tiles as the DIY boom shows no signs of stopping beyond the pandemic. Group sales in the 52-week period were approximately £247.3m, a second consecutive record year of turnover, with year on year sales growth of 10.6 per cent. Topps Tiles said it continued to perform well against a [...]
Twitter shares halted as Musk ready to buy for original price October 4, 2022 Twitter shares have been suspended following a report that Elon Musk is proposing to buy Twitter for the original offer price of $54.20 a share.
App Store revenue tumbled last month amid mobile gaming lull October 4, 2022 Apple’s App Store revenue fell last month as gaming slowed on smartphones, according to a note from Morgan Stanley. Analyst Erik Woodring said revenue dropped around five per cent, impacting the US, Canada and Japan. Using data from Sensor Tower, a firm that tracks app downloads and sales, Woodring said the main driver for the [...]
Donelan’s data law reform lag raises eyebrows October 4, 2022 Digital secretary Michelle Donelan has faced criticism over her decision to halt the data reform bill, with experts suggesting that changes will cause more harm than good when carving out the UK’s post-Brexit path. Speaking at the Tory party conference yesterday, Donelan said draft legislation first introduced in July would be paused so ministers could [...]
Film and TV trade body says plunging pound doesn’t guarantee booming sector October 4, 2022 Although the plunging value of the pound could mean big bucks for the UK film and TV sector, the trade association Pact warned that the industry must do more to keep up with this demand. It comes after Adrian Wootton, the chief executive of the British Film Commission (BFC), told the Guardian that demand for [...]
999 call handlers to strike on Thursday over BT pay row October 4, 2022 999 emergency call handlers are set to walk out for the first time this Thursday as the strike over pay for BT Group workers continues. Members of the Communication Workers Union – the union for BT workers – will be walking out on Thursday 6 October, with further strikes planned for Monday 10 , Thursday 20 and [...]
Deliveroo partners with Channel 4 for Gogglebox-style ad series October 4, 2022 Deliveroo has teamed up with Channel 4 to create a Gogglebox-style series on how their food delivery had ‘saved the day’. Working with ad agency The Outfit, the food delivery giant will create 10 contextual ads filmed in an observational documentary style, which will be shown around Channel 4 hits like Made in Chelsea and Grand [...]
